PPI Claim Company Logo
PPI Claims - About PPI

PPI Claim News - 16/12/2009

 
Bank Charges: Liberal Democrats criticise scrapping of cheques

The Payment Council's decision to phase out the use of cheques is "scandalous" and "self-serving", an MP for the Liberal Democrat party has claimed.

It was revealed this week that banks would stop providing their customers with the facility to write and cash cheques by 2018.

However, Mark Hunter, MP for Cheadle, is leading a parliamentary campaign to save the payment type, which he claims many people rely on.

"This is a scandalous, self-serving decision that puts the whims of City fat cats ahead of the needs of this country's most vulnerable people," he said.

"Scrooge-like bankers had the chance to start putting customers first once again, but they have well and truly failed."

Mr Hunter explained that many elderly, housebound and disabled people rely on cheques for payment, and will be "massively inconvenienced" by their removal.

During a recession, the move could also see more people suffering at the hands of unfair bank charges if they are unable to find the means to pay their debts in time.

However, PayPal has welcomed the decision, claiming that its service offers a ready-made alternative for those people who are used to paying and cashing cheques.

For help making a PPI Claim, Loan claim, PPI reclaim, or a credit card charges claim then call Belmont on 0845 526 0000 or fill in the Quick Claim box to be sent a PPI Claim form, Loan Claim form, PPI reclaim form or credit card charges form.ADNFCR-2776-ID-19517099-ADNFCR



Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Quick Claim

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email
Circumstances
Claim Back Mis-Sold PPI Button

Belmont Thornton Ltd. is regulated by the Ministry of Justice in respect of regulated claims management activities; our registration is recorded on the website www.claimsregulation.gov.uk number 18273

Belmont Thornton Ltd. is incorporated in England and Wales, Company number 6621233, whose head office and registered office is at Suite 2, Unit 25, The Coda Centre, Munster Road, London, SW6 6AW. VAT Registration number 945 3375 06.

Belmont Thornton Ltd is registered with the Information Commissioners Office to ensure compliance with the Data Protection Act 1998 registration number Z1728023 and holds a Credit Consumer License issued by the Office of Fair Trading license number 634655.

Please note that calls may be recorded and email traffic monitored for the purposes of security and staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.